1-(5-Chloro-2-Hydroxyphenyl)-3-(2,4-Dichlorophenyl) Propane-1,3-Dione and its metal complexes have been synthesized by conventional method. The diketone is offered by employing Baker- Venkatraman rearrangement. The synthesized compounds were confirmed by the spectroscopic analysis such as UV, IR , 1H-NMR, 13C-NMR, mass, elemental analysis, magnetic susceptibility, XRD and evaluated for antibacterial screening.